Which products are exported by State Trading Corporation, a government enterprise?
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In India, the State Trading Corporation (STC) was set up in May 1956 as an entirely state- owned organisation. Its basic aim is to stimulate India's foreign trade, by enlarging the scope of Indian exports and facilitating essential imports. 6. To regulate and overcome difficulties of trade with communist countries.
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Public Sector Undertakings
The core strength of STC lies in handling exports/imports of bulk agro commodities. Over the years, STC has also diversified into exports of steel, iron ore, molasses and imports of bullion, hydrocarbons, minerals, metals, fertilizers, petro-chemicals, etc.
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